What is GST Course: Syllabus, Fee, Eligibility, Salary 2022

GST or Goods and Services Tax is charged on the supply of goods and services. The Goods and Services Tax Law in India is an all-inclusive, source-based tax that is charged on value addition. GST can be defined as a single national indirect tax law followed by the whole country. It is just one indirect tax which has replaced all other indirect taxes earlier used in India like the VAT, excise duty, services tax and others.

Taking a GST Course helps train students to understand the fundamentals of GST, know the important concepts and terminologies, its applicability, its impact and also gain theoretical knowledge along with practical implications of GST on businesses.

About the GST Course?

The GST Practitioner Course is an academic program of 32 hours program by Henry Harvin. The GST Practitioner Course provides students with a 360-degree understanding of GST regulations. It covers the most recent trending areas like GSTR 1, GSTR 2A, GSTR 3B, new requirements of invoicing are more.
The GST Practitioner Course gets students who want to have successful careers in the financial domain, equipped with all the skills and knowledge required to be able to record and implement GST transactions in real-life scenarios. The GST certification course makes it easy for students to work independently in future for filing returns and understanding other legal compliances.

Why do GST courses?

If one is planning their career in the field of accounting, a certified GST course is always very helpful. It aims to acquaint aspirants how they can conceptualize or restructure pricing strategies with GST. They also acquire hands-on knowledge of all practices under GST, like the registrations, TDS compliances, filing of returns and refunds. A GST certification course gives candidates an in-depth knowledge of all GST requirements making them job-ready. Let us see how.
· One can expect a 15 % and above raise in their salary on an average.
· Career opportunities increase as there is more demand by organizations for GST
certified candidates.
· It builds confidence for candidates to start up their own consultancy services.
· Develops different types of skills like taxation, finance, and accounting.
· Increases aptitude of the candidate while calculation of goods and service tax and
makes them an expert in a limited time period.

Eligibility

The GST Practitioner Certification Course can be undertaken by students who have done their Bachelors or Post graduation in the field of commerce, arts or even engineering. Professionals like chartered accountants, certified accountants, and company secretaries can also do this course if interested to move into the taxation domain.

Enrolling for GST Certification Course

Enrolling yourself for the GST certification course is simple. One can visit the chosen institute in person and register for the course. If one wants to register online, they can also visit the institute’s website, choose a suitable batch and then register on-line for the course by paying the desired course fee.

Institutes Offering GST

Some of the top institutes that offer GST certification courses in India are
· Henry Harvin
· The Institute of Cost Accountants of India
· ISEL Global
· ILMS Academy
· National Institute of financial Markets

Syllabus

Henry Harvin is counted amongst the top ranked educational institutes to pursue a GST Practitioner Certification course in India. Below are the main areas covered in this course

Structure

  • Supply or Levy, Place of Supply Value of Supply Export, Import, E-way Bills

  • Registrations, Input Tax Credit, Transactional Provisions, Job Work
    Accounts and Records, Invoice, Tax Payments, Time of Supply, Returns, Refunds

  • Litigation Management, Audit, Assessments, Penalties, Demand and Recovery

Subjects Covered

  • Understand the various important aspects of GST. Know extensively about the Supply or Levy, Place of Supply, and value of supply. Gain Understanding about the Export & Import and E-way Bills

  • Helps the candidate through the Registrations of GST. Learn about the Input Tax Credit and ITC04. Know all the Transitional Provisions and Job Work in GST

  • Provides the aspirant knowledge of Accounts and Records in GST. Learn about the Invoice Tax Payment, Time of Supply, Returns, and Refunds

  • Gives an understanding of Litigation Management in GST. Learn about the Audit Assessment, Offenses and Penalties, Demand & Recovery in GST

Career & Salary

Most sectors like Media, Automobiles, Home Décor, Logistics, Entertainment and Service Industries are influenced by the usage of goods and service tax. So there is a lot of demand for GST certified professionals in all these businesses. The compensation for GST professionals is around Rs. 600,000 per annum on an average.